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To: upanddown who wrote (46261)	6/11/1999 8:31:00 AM
From: ldo79	Read Replies (1) \| Respond to of 95453

John, your email with IEA must have helped: bloomberg.com Regards.

To: upanddown who wrote (46261)	6/11/1999 8:58:00 AM
From: diana g	Respond to of 95453

Re: Missing Barrels, Supply/Demand, etc Hi John, Thanks! I agree world supply/demand is what really matters. I guess maybe the lack of reliable S/D#s is at least part of the reason so much attention gets focused on other indicators, whatever their faults. eg, Why the day to day fluctuations in the price of oil should be of so much importance to the Sector is a mystery to me. It seems like judging the prospects of the umbrella manufacturing industry by whether it's raining Right Now. BWDIK? ------------------------------------------------------ Here's an article that might be of interest: (In left-hand side Index column click on --'Feature Articles' Then click on --'World crude production: Bad statistics produce poor conclusions') worldoil.com <<<World crude production: Bad statistics produce poor conclusions-- When supply and demand statistics didn't balance, a missing barrel category was fabricated to explain the difference. However, a close inspection of the figures reveals serious errors in the original data and a precarious balance between supply and demand>>> regards, diana